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These days, finding an affordable place to live in the Sherwood area can be challenging. Home prices in Sherwood are now at a median cost of $203,523, lower than the Oklahoma average of $210,566.
The average cost of rent is $349/mo in Sherwood, primarily driven by the current value of real estate in the Sherwood area. In Sherwood, 12.66% of households rent, and 48.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sherwood is $6,788 per month. Households that rent pay about 5.14% of their income on rent here. Sherwood’s most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Mount Herman, OK: equally priced homes
- Bethel, OK: less expensive homes
- Battiest, OK: less expensive homes
- Smithville, OK: less expensive homes
- Watson, OK: less expensive homes
- Clebit, OK: less expensive homes
- Plunketville, OK: less expensive homes
- Cove, AR: less expensive homes
- Ringold, OK: less expensive homes
- Nolia, OK: less expensive homes
Cities with Similar Populations
- Derry, NM: less expensive homes
- Tillman, IN: equally priced homes
- Thomasville, IL: less expensive homes
- Durand, GA: less expensive homes
- Driftwood, PA: less expensive homes
- Drake, NC: equally priced homes
- Diefenbach Corners, WI: higher priced homes
- Diamond Springs, KS: less expensive homes
- Dewart, PA: equally priced homes
- Toadlena, NM: less expensive homes
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